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IVDN is on track for a record sales and revenue growth year in 2024, as detailed in official company news below. IVDN management is clearly making strong and steady progress to grow market share and also protect the very valuable patent rights of its unique Insultex product line which is the only evacuated cell insulation on the market with energy saving performance that no competitor can match.
IVDN is now starting to see accelerating sales success as word is spreading about Insultex House Wrap as described on the dedicated website at http://www.insultexhousewrap.com. Add to this advantage, the fact that the IVDN product meets or exceeds new building codes going into effect this year requiring continuous insulation while competitors are failing this critical criteria.
Real facts for real investors are all here:
Innovative Designs Vendor Growth
April 10, 2024
https://finance.yahoo.com/news/innovative-designs-vendor-growth-174255528.html
World International Patent Organization (WIPO) Application Accepted on Superior Insulation Advancement to Maximize Global Marketing Opportunities for Innovative Designs, Inc.
Dec. 27, 2023
https://www.newmediawire.com/news/world-international-patent-organization-wipo-application-accepted-on-superior-insulation-advancement-to-maximize-global-marketing-opportunities-for-innovative-designs-inc-7071640
LIG Assets, Inc. Announces Agreement With Insultex House Wrap
October 30, 2023
https://www.globenewswire.com/en/news-release/2023/10/30/2769422/0/en/LIG-Assets-Inc-Announces-Agreement-With-Insultex-House-Wrap.html
Innovative Designs Inc. Receiving Orders From Numerous New Client Accounts for Top Performing Insultex House Wrap With Unmatched R-6 Insulation Value
October 26, 2023
https://www.globenewswire.com/news-release/2023/10/26/2767843/0/en/Innovative-Designs-Inc-Receiving-Orders-From-Numerous-New-Client-Accounts-for-Top-Performing-Insultex-House-Wrap-With-Unmatched-R-6-Insulation-Value.html
Innovative Designs Adds New Accounts
October 2, 2023
https://www.globenewswire.com/news-release/2023/10/02/2752606/0/en/Innovative-Designs-Adds-New-Accounts.html
GD, here is the bottom line. There will be over 1,000,000 residential units built in 2024. Insultex will be used in less 1% (10,000) of those units. I would guess maybe half of that. Let's not forget the commercial buildings that Insultex will not be used in their construction.
Just like 2022 and 2023. 2024 will not be much better. The current quarters sales will be terrible.
Builders will and have used other products. Why? Lots of reasons. #1, because we can not supply them with product today (still waiting on the boat from Asia). Because Insultex is not ICC certified. Because Insultex is too costly. Because our company is/has been totally mismanaged the last 3 years. Because potential buyers don't like to work with our CEO.
If Lindus wanted to purchase insultex for 5000 homes delivered in 30 days, our CEO is not able to supply it.
The construction industry does not need Insultex. There are plenty of other insulation products on the market that will be used in those 1,000,000 new homes.
Our CEO has got to go. Our 4 Directors need to go to JAIL for taking free stock and failing to protect investors.
With a new BOD and new CEO, IVDN will see million of dollars of new investment immediately. Then we can become a real company, not the joke we are.
Fire Joe (or he meets his maker) and we are $1 a share. GD, don't you want your investment to go up 5 times instantly?
GD, you have been a shareholder for 15+ years. How is your investment doing? It is a loser for you. How much money are you down? Why do you support our IDIOT, INCOMPETENT, CEO?
GD, we have a great product and poor management. Get off the Riccelli bandwagon. Only then will the company grow.
Right again, greendolphin. The IVDN Insulex product is now being recognized as the unequaled top performance choice for home builders and remodelers. This is also due to the fact that Insultex is meeting or exceeding requirements in new US building codes, taking effect in 2024, that require continuous insulation, a key issue where competitive products are failing.
$IVDN: Our patented Insultex House Wrap (TM) meets or exceeds new building codes taking effect in 2024 that require continuous insulation for greater energy efficiency. It provides an unmatched R-6 Rating via a unique evacuated cell design. Visit: https://t.co/LWNDwJcXDh https://t.co/ovQzzaFfkv pic.twitter.com/OzMJYqx9uz
— Innovative Designs, Inc (Stock: $IVDN) (@riccelli_joseph) April 4, 2024
$IVDN: Our patented Insultex House Wrap (TM) with an unmatched R-6 Rating is an ideal solution to meet new building codes requiring continuous insulation and higher thermal performance. A unique evacuated cell design makes this possible. Visit: https://t.co/7DxiK13HDH #Insulation https://t.co/xbs34YQZEw
— Innovative Designs, Inc (Stock: $IVDN) (@riccelli_joseph) March 7, 2024
Thermowrap is useless crap
They claim to have an R5 rating
Unfortunately, in the fine print at the bottom of the specifications page, there is a disclaimer and i paraphrase...
"R5 value is based on 1.5" material thickness"
Got any others??
GD
Searay, there are plenty of other products on the market today that will do what insultex will do. Tyvek has Thermawrap.
They might not be as thin but that is not important to builders. Builders start with plans and build to the plans.
Here is the only issue. Our CEO has proven to be a terrible manager. He has made BAD decisions over the years, decisions that should have gotten him fired. 15+ years later, he has become a feeble, old man in poor health. The only reason he is our CEO is his ego keeps him in the seat.
There are MILLIONS of dollars on the sidelines waiting to invest in IVDN. Their problem is Joe Riccelli. They will not give him control of their money. He has to step away. Problem is that he won't. The BOD won't replace him. He will die in the CEO chair.
And now, a commercial from the IVDN marketing dept. (Profit, Jedi)
Insultex House Wrap® can provide an unmatched R-6 rating because of our unique and patented vacuum cell structure design. No other product on the market today offers a vacuum cell structure. It has been proven that a vacuum is the best thermal insulation and Insultex® incorporates countless evacuated cells. Our newly updated website explains the scientific principles in detail along with graphic visual aids. Insultex® also provides a moisture barrier and other key benefits that make it simply the best insulation choice for all home builders and home remodelers in projects of any size.
The Insultex House Wrap ® website may be visited at http://www.insultexhousewrap.com. In response to the rising customer interest, the website now includes a new e-Commerce section where orders for the product may be placed directly online for orders of less than 5 rolls.
LINK:
https://www.globenewswire.com/news-release/2023/10/26/2767843/0/en/Innovative-Designs-Inc-Receiving-Orders-From-Numerous-New-Client-Accounts-for-Top-Performing-Insultex-House-Wrap-With-Unmatched-R-6-Insulation-Value.html
berjgud, you are right in that, other major companies are not going to let IVDN, a very small company get to much of a share of business in this market, not for long, that we can pretty much count on. This may be of interest to all here, Huberwoods’s of N.C. USA has a Zip System plus they also have other products already, all that cover a wide range from R-3 to R-12 in new building construction plus a variety of other products in the construction field and they can supply large quantities at any given time through supply houses around this Country already carrying their products.. Yes, IVDN may get more orders than years past, but, The majors’ in this field are not going to let IVDN penetrate too deeply into this field of business. MOO. Everyone must do their own deep research to come with their own decisions.
Innovative Designs, Inc. CEO Joseph Riccelli said, “Word is starting to spread about the availability of Insultex House Wrap® which is the only insulated house wrap product on the market today. As more home builders and home remodelers learn of this game-changing advancement, they are coming to us with new orders in growing numbers. Because we have been working diligently over the past several months to ramp up our order fulfillment capability, Innovative Designs is ready to handle increasing order levels at this time with plans underway for even further manufacturing capacity enhancement. We project this unparalleled product to gain substantially more market share going forward.”
LINK:
https://www.globenewswire.com/news-release/2023/10/26/2767843/0/en/Innovative-Designs-Inc-Receiving-Orders-From-Numerous-New-Client-Accounts-for-Top-Performing-Insultex-House-Wrap-With-Unmatched-R-6-Insulation-Value.html
WOW, somebody threw $2600 on the roulette table. A real investor. Now IVDN can pay the rent and electric bill.
Today is IVDN time. IVDN is totally unprepared to meet demand. The company has no money to purchase product, invest in equipment to produce product, is not ICC certified and is still managed by the same idiot. Or should I say totally MISMANAGED by our resident idiot CEO.
Meanwhile while we wait for the boat from Asia...........
Dow Corning, Kimberly Clark, and DuPont are spending millions of R&D dollars coming up with their new continuous insulation. With their labs, their scientists, they will come up with something NEW soon. That will make Insultex irrelevant.
$IVDN continues to gain market share through its growing vendor base. Since the beginning of this fiscal year (November 1, 2023), Innovative Designs has added over 30 new accounts that have purchased its Insultex House Wrap(R). This has resulted in a comp sales increase of 318% as compared to the same time period last year (November 2022 April 2023). With 7 months remaining in FY2024, sales for the first 5 months are approaching 88% of last year's total.
https://finance.yahoo.com/news/innovative-designs-vendor-growth-174255528.html
Nice close at the high of the week for IVDN. With a low float of only 16 million, this stock moves up easily when there is any buying pressure.
Innovative Designs (OTCQB: IVDN)
Last: $0.1700 +$0.0154 (+9.93%)
At close: 4:00:00 PM ET, 04/26/2024
Previous close $0.1547
Today's open $0.1400
Today's volume 15.5K
Yet there are those on this board who will perform technical analysis on IVDN's trades... 🙄
The waiting goes on, no trading in IVDN in 3 1/2 days.
IVDN is on track for a record sales and revenue growth year, as clearly detailed in the official news we have seen recently. The nationwide distributor network that IVDN management has carefully assembled is meeting with accelerating success as word is spreading about the patented and unique Insultex House Wrap which outperforms all competitive products by a wide margin. Add to this advantage, the fact that the IVDN product meets or exceeds new building codes going into effect this year requiring continuous insulation while competitors are failing this critical criteria.
Real IVDN investors, who understand the full picture developing here, and who have a mature, patient attitude, are set up for high rewards when we see the upcoming financial results for the balance of this year.
Innovative Designs Vendor Growth
April 10, 2024
https://finance.yahoo.com/news/innovative-designs-vendor-growth-174255528.html
World International Patent Organization (WIPO) Application Accepted on Superior Insulation Advancement to Maximize Global Marketing Opportunities for Innovative Designs, Inc.
Dec. 27, 2023
https://www.newmediawire.com/news/world-international-patent-organization-wipo-application-accepted-on-superior-insulation-advancement-to-maximize-global-marketing-opportunities-for-innovative-designs-inc-7071640
LIG Assets, Inc. Announces Agreement With Insultex House Wrap
October 30, 2023
https://www.globenewswire.com/en/news-release/2023/10/30/2769422/0/en/LIG-Assets-Inc-Announces-Agreement-With-Insultex-House-Wrap.html
Innovative Designs Inc. Receiving Orders From Numerous New Client Accounts for Top Performing Insultex House Wrap With Unmatched R-6 Insulation Value
October 26, 2023
https://www.globenewswire.com/news-release/2023/10/26/2767843/0/en/Innovative-Designs-Inc-Receiving-Orders-From-Numerous-New-Client-Accounts-for-Top-Performing-Insultex-House-Wrap-With-Unmatched-R-6-Insulation-Value.html
Innovative Designs Adds New Accounts
October 2, 2023
https://www.globenewswire.com/news-release/2023/10/02/2752606/0/en/Innovative-Designs-Adds-New-Accounts.html
Looking forward, will this thing trade this week, it is still showing here, most folks are not touching this stock currently, not until and if legally much better net revenues are produced. Two decades is a long time to have played with the shareholder’s who donated to what, still a very small two man company struggling to not have to close the IVDN doors. As stated in Form 10-K- Annual report ( Section 13 and 15 (d), not S-K item 405 dated February we, 2023 - 2:23 PM Edgar (US Regulatory),
substantial doubt of IVDN remaining as a going concern. Yes, I know of what has been stated since then but, we have not yet seen any legal form reported to The Sec in quite some time of net figures, revenues after all expenses, when and if that takes place, only then, in this long two decade merry go round business, will I believe that the tide has really changed here, hoping for that time will come, but, with there being only approximately another six months to go of IVDN’s reporting year it will take a miracle to keep this company alive in it’s many a year of struggling situation. MOO. Everyone must do their own research to come up with their own decision making process.
Looking forward to new sales numbers!
$IVDN agreed! The advantages and increasing awareness of Insultex House Wrap and Growing customer and distributor base should only continue to push the sales acceleration and revenue growth much higher.
Randy Kimbler is part of the nationwide IVDN distributor network which is now growing with the addition of many new vendors due to the increasing awareness of Insultex in the building and construction market place.
A listing of this network appears on the IVDN website here:
Retailers/Distributors/Contractors/Homebuilders/Etc. that have purchased Insultex™ House Wrap®
https://insultexhousewrap.com/users/
---------------------------------------------------------------------------------------------------------------------------------------
Randy Kimbler, a National Distributor of Insultex, commented, “The introduction of Insultex® House Wrap to several major building supply companies has been very well-received. The product is being placed in the retail locations of these organizations, as well as many local building supply companies. The R-6 insulation value provided by this very thin product has proven to be an affordable solution for builders facing economic challenges in states where energy codes require R-5 Continuous insulation for new construction.”
Link: https://finance.yahoo.com/news/innovative-designs-vendor-growth-173800119.html
IVDN is still Sec delinquent reporting, no legal proof that IVDN is in any better a two man business going concern situation than ever before.
Yes greendolphin, sales of the superior Insultex House Wrap are now starting to accelerate as reported in the most recent news from IVDN management with the company already about to exceed all of its 2023 revenues. The comments from the IVDN distributor are especially positive and again illustrating that the more stringent building codes going into effect in 2024 are putting Insultex in an even stronger position where competitor products are lacking. As we go forward, the advantages and increasing awareness of Insultex should only continue to push the sales acceleration and revenue growth here higher.
---------------------------------------------------------------------------------------------------------------------
Randy Kimbler, a National Distributor of Insultex, commented, “The introduction of Insultex® House Wrap to several major building supply companies has been very well-received. The product is being placed in the retail locations of these organizations, as well as many local building supply companies. The R-6 insulation value provided by this very thin product has proven to be an affordable solution for builders facing economic challenges in states where energy codes require R-5 Continuous insulation for new construction.”
News Link: https://finance.yahoo.com/news/innovative-designs-vendor-growth-173800119.html
Sales going WAY UP!!
Sales going WAY UP!!
Question: does anyone have any evidence that IVDN has ever had an annual shareholder meeting? You should receive an invitation to attend the meeting every year that you are a shareholder.
Pitcook asked the same question in post #4300 on February 10, 2023.
Can anyone provide me any evidence whatsoever that IVDN has ever had an annual shareholder meeting, as the law requires them to do?
So let's say IVDN's sales go up.
In the last 10-K they had about $500k of inventory in a warehouse. Let's assume that all of that inventory is housewrap and not raw material or cold weather gear. That's almost not certainly the case, but let's use the best case scenario here.
Let's say IVDN sells $500k of housewrap and empties its warehouse.
Then what? The company can't manufacture INSULTEX, it relies on a vendor to do that. What's the lead time on a new order? How much will the vendor charge IVDN for a new batch of product? What if the vendor simply says 'no?' They're overseas so it's not like IVDN has much legal leverage over them.
And more importantly: if IVDN sells its current inventory, will they have enough money to buy more, even if everything in the buying process DOES go right?
Sales doesn't increase stock price; profits do.
Right, "ProfitScout?"
The reason each of us invested our money in this stock is to achieve a profit on our investment.
Profit.
Granted, sales is a necessary precursor to profit, but increased sales without profit is not going to make a stock price move. Maybe if investors can see a path to profitability it can happen, but if a company says "hey, our QA machine is broken and we can't afford to fix it, and we need this certification in order to sell our product and we can't afford to get that certification," it's hard to see a path to profitability.
I completely agree with Berigud: Joe has driven this company to the ground and taken any hope of our profits with it. The ONLY way IVDN can POSSIBLY get out of this hole requires the company to have a new CEO. But the board doesn't appear to be willing to do that.
Brigid, It is what it has been for way too long and that is why the total amount of shareholder’s is still very low, not until and if things really change here will this stock become alive, talk, statements, and pictures have only moved this stock downward as readily seen here for a long time. It has been a disaster here for so long!
$IVDN: Green Builders can achieve the highest energy efficiency with our Insultex House Wrap (TM) delivering an R-6 Rating unmatched by any competitive product. A patented evacuated cell design makes this possible. Learn more at: http://insultexhousewrap.com #GreenBuilding #insulation
$IVDN: Green Builders can achieve the highest energy efficiency with our Insultex House Wrap (TM) delivering an R-6 Rating unmatched by any competitive product. A patented evacuated cell design makes this possible. Learn more at: https://t.co/LWNDwJcXDh #GreenBuilding #insulation pic.twitter.com/hNYeezuCMu
— Innovative Designs, Inc (Stock: $IVDN) (@riccelli_joseph) April 19, 2024
I have been wrong for the last couple of years. Sales does not increase stock value. We have sales but the stock price remains very crappy. What does that tell all of you?
Nobody is going to invest in IVDN until our idiot CEO is gone.
He has mismanaged this company for over a decade. Go ahead and call Joe. Try to purchase a truck load, a pallet, a roll for immediate delivery. See what happens.
The only reason our OLD, FEEBLE, IN POOR HEALTH Riccelli is still the CEO is EGO. He won't be around this world much longer to enjoy the fruits of his labor.
If you want to see some 7$$$$ figure investment, fire Joe. Nobody is handing him the kind of money this company needs. He would mismanage it away.
If you want to see $1 a share tomorrow, fire Joe.
IHub reporting here another one of those heavier down trading selling days compared to the buying trading days. For a company whose business has supposed to have changed in getting more and more customers, business, IVDN!s stock price has made absolutely no changed upward what so ever tells a lot of what seems to be going here, the most important ingredient has still not legally shown up, a surge upward in revenues after expenses being LEGALLY reported to The Sec. MOO.
Looking forward to seeing all this news in numbers on a SEC filing. It's going to happen and sooner rather than later. It's time for IVDN to shine and attract real attention.
$IVDN: Our patented Insultex House Wrap (TM) meets or exceeds new building codes taking effect in 2024 that require continuous insulation for greater energy efficiency. It provides an unmatched R-6 Rating via a unique evacuated cell design. Visit: http://insultexhousewrap.com
$IVDN: Our patented Insultex House Wrap (TM) meets or exceeds new building codes taking effect in 2024 that require continuous insulation for greater energy efficiency. It provides an unmatched R-6 Rating via a unique evacuated cell design. Visit: https://t.co/LWNDwJcXDh https://t.co/ovQzzaFfkv pic.twitter.com/OzMJYqx9uz
— Innovative Designs, Inc (Stock: $IVDN) (@riccelli_joseph) April 4, 2024
IVDN Management just reported the company is already about to exceed all of last year's revenue even at this early point in 2024. This accelerating sales growth, coming from many new customer accounts, demonstrates that IVDN is nicely gaining market share as the superior benefits of Insultex are becoming more well known. This positive trend should only continue in 2024, especially with the new building codes going into effect this year which Insultex meets and many competitors do not.
PITTSBURGH, PA, April 10, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Innovative Designs, Inc. (OTCQB: IVDN) continues to gain market share through its growing vendor base. Since the beginning of this fiscal year (November 1, 2023), Innovative Designs has added over 30 new accounts that have purchased its Insultex House Wrap®. This has resulted in a comp sales increase of 318% as compared to the same time period last year (November 2022 – April 2023). With 7 months remaining in FY2024, sales for the first 5 months are approaching 88% of last year's total.
News Link: https://finance.yahoo.com/news/innovative-designs-vendor-growth-173800119.html
With the latest news plus all the statements that have come out within the last year, this stock is still not acknowledging any of it, it is still stating, by way of IVDN’s deeply fallen stock price of from $.40 to now it around current level of $.16 for a long time, what is really reality here, nothing else matters but what in the end of the line is a company’s stock price, that is, unless folks like to continually donate on a consistent basis. So far, for so long, who has right right here, It will be very interesting to see the next financial filing of what is reported financially to the SEC, that is if and when it is legally reported to The Sec, the non reporting sign is still up on the OTC IVDN Market Website.
GD, you are losing money on every purchase you make. But at least you help pay the electric bill. Thanks
YTD Return
IVDN
-23.81%
S&P 500
6.12%
1-Year Return
IVDN
-30.43%
S&P 500
22.34%
3-Year Return
IVDN
-48.39%
S&P 500
22.72%
I thought all IVDN troubles would vanish after the trial. Since the trial, our CEO has consistently lost money. Why do you support our ailing, fragile CEO? With a track record like Joe's, any real company would have fired him and the BOD long ago.
I am BUYING, searay
Keep talking smack, i will just get it cheaper
From the IVDN news this week: Randy Kimbler, a National Distributor of Insultex, commented, “The introduction of Insultex® House Wrap to several major building supply companies has been very well-received. The product is being placed in the retail locations of these organizations, as well as many local building supply companies. The R-6 insulation value provided by this very thin product has proven to be an affordable solution for builders facing economic challenges in states where energy codes require R-5 Continuous insulation for new construction.”
News Link: https://finance.yahoo.com/news/innovative-designs-vendor-growth-173800119.html
It is April 12, 2024 and it still shows what most folks think here of the IVDN situation, news came out and today what happened, the stock went down, maybe some or someone figured sell into news knowing what may really become of that news in relation to revenues, not too much. Again the same old same old can most likely be expected when it comes to amazing how this stock will not react to anything this company has put out. Reality is Reality for sure here.IVDN. MOO
Brilliant news!!
$IVDN: Innovative Designs Vendor Growth PITTSBURGH, PA, April 10, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Innovative Designs, Inc. (OTCQB: IVDN) continues to gain market share through its growing vendor base.
$IVDN: Innovative Designs Vendor Growth
— Innovative Designs, Inc (Stock: $IVDN) (@riccelli_joseph) April 10, 2024
PITTSBURGH, PA, April 10, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Innovative Designs, Inc. (OTCQB: IVDN) continues to gain market share through its growing vendor base. https://t.co/BpOEFESLgy #SalesGrowth #Insulation #VendorGrowth
Wow, amazing $IVDN News!
Comp sales increase of 318% as compared to the same time period last year (November 2022 – April 2023). With 7 months remaining in FY2024, sales for the first 5 months are approaching 88% of last year's total.
Excellent news from IVDN management today again demonstrating that the Insultex product is gaining real traction in the market place which will only keep growing from this point on.
$IVDN: Innovative Designs Vendor Growth
— Innovative Designs, Inc (Stock: $IVDN) (@riccelli_joseph) April 10, 2024
PITTSBURGH, PA, April 10, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Innovative Designs, Inc. (OTCQB: IVDN) continues to gain market share through its growing vendor base. https://t.co/BpOEFESLgy #SalesGrowth #Insulation #VendorGrowth
This is news we have been waiting for. Congratulations to the IVDN team for acquiring these new accounts. The future is looking brighter!
$IVDN News: Innovative Designs Vendor Growth
Innovative Designs Inc.
Wed, Apr 10, 2024, 1:38 PM EDT
PITTSBURGH, PA, April 10, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Innovative Designs, Inc. (OTCQB: IVDN) continues to gain market share through its growing vendor base. Since the beginning of this fiscal year (November 1, 2023), Innovative Designs has added over 30 new accounts that have purchased its Insultex House Wrap®. This has resulted in a comp sales increase of 318% as compared to the same time period last year (November 2022 – April 2023). With 7 months remaining in FY2024, sales for the first 5 months are approaching 88% of last year's total.
Randy Kimbler, a National Distributor of Insultex, commented, “The introduction of Insultex® House Wrap to several major building supply companies has been very well-received. The product is being placed in the retail locations of these organizations, as well as many local building supply companies. The R-6 insulation value provided by this very thin product has proven to be an affordable solution for builders facing economic challenges in states where energy codes require R-5 Continuous insulation for new construction.”
About Innovative Designs, Inc.
Innovative Designs, Inc. manufactures the Insultex® House Wrap and Arctic Armor® Line, under the "i.d.i.gear" label featuring INSULTEX®. Patented INSULTEX® is the thinnest, lightest and warmest insulator in the market today. For more information, please visit http://www.idigear.com or http://www.insultexhousewrap.com.
Disclaimer
Certain statements in this press release constitute "forward-looking" statements as defined by federal law. Such statements are based on assumptions, but there is no assurance that actual outcomes will not be materially different as those implied. Any such statements are made in reliance on the "Safe Harbor" protections provided under the Private Securities Reform Act of 1995 and are subject to various factors, including the risks and matters discussed in the Company's SEC filings available at http://www.sec.gov.
CONTACT:
Innovative Designs, Inc.
Joseph Riccelli, CEO
412-799-0350
joer@idigear.com
Website: http://www.insultexhousewrap.com
Link: https://finance.yahoo.com/news/innovative-designs-vendor-growth-173800119.html
berigud, if and when IVDN legalLy releases it’s next financial release will tell if or if not this company is starting to show much better revenues coming in, and if not, I believe we will see another deeper drop in this company’s stock price. It states in this company’s OTC Market IVDN’s Website that this company, under the Going Concern Section, and yes I know that company’s have to put that in to cover themselves but in this case it has real meaning, mat not be able to keep their doors open after their business year of October 31, 2024 ends if they do not have enough real revenues coming in to support staying open. IVDN is already into it’s six month of it’s yearly operation and nothing but mostly the same old has been going on here, resulting in less belief in this company, resulting in a lower stock price that is still struggling to just stay up to it’s present level. Talk and pictures in this case do nothing, only a surge in revenues after expenses will make any difference going forward here. MOO. Everyone must do their own DD to come up with their own decisions.
$IVDN: Our Insultex House Wrap (TM) can deliver a great advantage in home insulation with its R-6 rating, unmatched by any competitive product. A patented and unique evacuated cell design makes this possible. Learn more at: http://insultexhousewrap.com #Insulation #CarbonReduction
$IVDN: Our Insultex House Wrap (TM) can deliver a great advantage in home insulation with its R-6 rating, unmatched by any competitive product. A patented and unique evacuated cell design makes this possible. Learn more at: https://t.co/7DxiK13HDH #Insulation #CarbonReduction pic.twitter.com/U6N5R5j5kc
— Innovative Designs, Inc (Stock: $IVDN) (@riccelli_joseph) April 9, 2024
Nothing is going to change until IVDN changes it's CEO. Has our CEO made any correct decisions? He killed Arctic Armor, he killed Junior Trend, he won't fix the machine that we need to prove Insultex meets ICC standards. Without an ICC cert IVDN won't be able to sell any real volume of product.
He is a failure, an idiot, egomaniac, and has proven to have no business sense at all. Everyone supporting our CEO the last 3 years has lost money. EACH AND EVERY ONE OF YOU LOST MONEY!!!!!!!
How long can the company hang on while continuously losing money? Nobody will give our CEO any more loans or purchase worthless stock. OTC will de-list IVDN soon. We are closer to BK than ever.
I have been posting about Joe Riccelli's removal for 3 years. Look at the financials. Guess I have been RIGHT and all you Joe supporters have been WRONG. He can't sell product.
The day Joe steps asides, gets fired, or finally meets his maker (sooner than you think), investment will flow into the company and IVDN stock will instantly hit $1.00 a share.
Hey Jedi, when did Insultex ever have ICC certification? I don't think ever. Looks like our CEO is using a Photoshop photo in his tweets. FRAUD????????
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https://lindusconstruction.com/blog/insultex-house-wrap-future-home-weatherization/
Lindus Construction is proud to announce our partnership with Insultex™ House Wrap®. Our C.O. O. Andy Lindus believes that Insultex™ House Wrap®
will allow us to continue revolutionizing our industry meeting the new standards for side wall laws.
Lindus Construction is the exclusive distributor in Minnesota, Wisconsin, Iowa & North Dakota.
----INNOVATIVE DESIGNS (IVDN) Markets INSULTEX HOUSE WRAP --- THE THINNEST INSULATED HOUSE WRAP WITH AN R-VALUE----
Insultex House Wrap ® is a closed-cell foam composite with superior drainage and R-Value.
This certified product meets or exceeds the competition in air and water resistance moisture vapor permeability and durability.
----Innovative Designs, Inc. (IVDN) offers the Arctic Armor™ Suit. Each Arctic Armor™ suit utilizes 3 layers of our exclusive thermal insulator Insultex® ----
One layer of Insultex® protects a person to sub-zero temperatures.
Insultex™ is the high performance alternative to other insulating products. Being pliable, thin, waterproof, and warm, manufacturers now choose to implement Insultex into their products because the insulation provides their products with the high performance without the bulk. Manufacturers may laminate, perforate, and sew Insultex™, making it an extremely versatile material.
Insultex’s™ new cellular structured low-density polyethylene features buoyancy, impermeability, and resistance to cold temperatures. Insultex™ is also incredibly lightweight; one square yard weighs .42 ounces. In addition to it’s waterproof and windproof capabilities, 8.8 ounces of fabric can provide flotation to a 287 pound person.
With all of these features combined into one easy to implement material, the applications for Insultex™ are virtually endless.
Insultex™ is a revolutionary structured cellular fabric that incorporates countless evacuated closed micro-cells that significantly reduce heat transfer through the fabric. Insultex™ is the newest thermal insulation on the market promising to revolutionize insulation as we know it from outerwear, tents, boots, sleeping bags, coolers and now house wrap, just to name a few.
Insultex™ House-Wrap® is a weatherization membrane that provides a protective layer under a home's outer covering and over the sheathing. Insultex® House-Wrap resists water and air infiltration, but allows moisture vapor to diffuse helping to prevent mildew and mold buildup, which could lead to the rotting of wood.
Conclusion:
The Insultex® House-Wrap product identified and evaluated in these tests has met all the property performance requirements contained in ICC-ES AC 38, Acceptance Criteria for Water-Resistive Barriers, Approved for a Grade C type material.
Read More about IVDN's House-Wrap:
http://www.insultexhousewrap.com/index.php
Media Coverage of Insultex House-Wrap:
https://www.youtube.com/watch?v=sLK-xJ6YivU
For company filings visit: http://www.otcmarkets.com/stock/IVDN/filings
COMPANY NEWS:
Innovative Designs Vendor Growth
April 10, 2024
https://finance.yahoo.com/news/innovative-designs-vendor-growth-174255528.html
World International Patent Organization (WIPO) Application Accepted on Superior Insulation Advancement to Maximize Global Marketing Opportunities for Innovative Designs, Inc.
Innovative Designs Receives Patent for Propriety Process With Low Density Foam
April 20, 2023
https://www.globenewswire.com/news-release/2023/04/20/2651420/0/en/Innovative-Designs-Receives-Patent-for-Propriety-Process-With-Low-Density-Foam.html
Innovative Designs Hires Marketing Agency
July 1, 2022
https://www.globenewswire.com/news-release/2022/07/01/2472814/0/en/Innovative-Designs-Hires-Marketing-Agency.html
Innovative Designs Adds New England Retailer
April 21, 2022
https://finance.yahoo.com/news/innovative-designs-adds-england-retailer-110000672.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr
Innovative Designs Inc. Interview to Air on Bloomberg U.S. on the RedChip Money Report
March 3, 2022
https://finance.yahoo.com/news/innovative-designs-inc-interview-air-120000275.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr
Innovative Designs Adds Board Member
February 25, 2022
https://finance.yahoo.com/news/innovative-designs-adds-board-member-120000109.html?fr=sycsrp_catchall ;
Innovative Designs Expands Pro Staff
January 12, 2022
https://finance.yahoo.com/news/innovative-designs-expands-pro-staff-120000792.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr
Innovative Designs Common Stock Listed on OTCQB
December 14, 2021
https://finance.yahoo.com/news/innovative-designs-common-stock-listed-184800997.html
Innovative Designs Court Case Update
February 18, 2020
https://finance.yahoo.com/news/innovative-designs-court-case-120010842.html
Innovative Designs Expands R-6 Availability
June 10, 2015
http://finance.yahoo.com/news/innovative-designs-expands-r-6-165338469.html
Innovative Designs to Begin Domestic Production of Insultex
June 9, 2015
http://finance.yahoo.com/news/innovative-designs-begin-domestic-production-164117890.html
Innovative Designs Comparable Sales Increase
April 13, 2015
http://finance.yahoo.com/news/innovative-designs-comparable-sales-increase-110000192.html
Insultex House Wrap Midwest Distributor Growth
April 9, 2015
http://finance.yahoo.com/news/insultex-house-wrap-midwest-distributor-110000236.html
Insultex House Wrap Now Available to National Home Builders
February 18, 2015
http://finance.yahoo.com/news/insultex-house-wrap-now-available-121500058.html
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